• 2022-06-08
    Choosewherethewordsbestfitintheblanks.Thesalesfiguresforthisyearare____________$1million.
    A: exact
    B: approximately
  • B

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    • 0

      A point in space is approximately 1/8 of an inch across.

    • 1

      Though challenged by many people, Aczel firmly believes that ______. A: about 1 million planets in our galaxy are suitable for life B: it is very likely for life to exist on other planets C: life exists in approximately 150 billion stars in our galaxy D: there are a very large number of planets suitable for life

    • 2

      About _____ people speak English as their first language. A: 700 million B: 1.5 billion C: 1 billion D: 360 million

    • 3

      A country has been in existence for only two years. In the first year, tax revenues were $1.0 million and outlays were $1.5 million. In the second year, tax revenues were $1.5 million and outlays were $2.0 million. At the end of the second year, the total government debt was ________. A: $0.5 million B: $1 million C: $2.5 million D: $3.5 million

    • 4

      Year 1 2 3 4Free Cash Flow $12 million $18 million $22 million $26 millionConundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 6% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $80 million, debt of $60 million, and 30 million shares outstanding, what is Conundrum's expected terminal enterprise value at year 4? A: $413.4 million B: $459.3 million C: $505.3 million D: $528.2 million